Top News:
Salvador Rodriguez / CNBC:
Facebook and Instagram will allow some US users to turn off political ads starting Wednesday; the feature will roll out to all US users over the next few weeks — - Facebook CEO Mark Zuckerberg on Tuesday announced the social network will allow its users to turn off seeing political ads.
Discussion:
USA Today, About Facebook, Variety, New York Times, Adweek, Ad Age, MediaPost, Breitbart, CBS San Francisco, Reuters, @kreissdaniel, The Hill, @brooklynmarie, @yair_rosenberg, @wiczipedia, @josh_lawson, @josh_lawson, @mikeisaac, @jason_kint, @digiphile, @ruskin147, @charlottejee, @mosseri, @tvietor08, @mosseri, @marwilliamson, @goldman, @robleathern, Business Insider and The Verge, more at Techmeme »
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Salvador Rodriguez / CNBC:
Facebook says it will expand its Ad Library tool to track spending by US senatorial and congressional candidates — - Facebook will now allow the public to track exactly how much U.S. senatorial and congressional candidates are spending on political ads on the company's social networks.
Mike Masnick / Techdirt:
No, Google didn't demonetize The Federalist and Zero Hedge, as NBC's misleading story claims, and it is not an example of anti-conservative bias — from the another-day-another-story dept — So, earlier today, NBC reported that Google had “banned” two well known websites from its ad platform, namely The Federalist and Zero Hedge.
Discussion:
NBC News, Reason, Ad Age, @mmasnick, @normative, @nickconfessore, @ngrossman81, @lolgop, @mmasnick, @jason_a_w, @simonowens, @mmasnick, @peterwsinger, Breitbart, Gizmodo, Mediaite and Techdirt
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Aaron Holmes / Business Insider:
Google cracks down on The Federalist and ZeroHedge for violating policies on race-related content and may permanently suspend their access to Google Ads revenue — - Google is cracking down on two right-wing outlets, ZeroHedge and The Federalist, for violating its policies on race-related content.
Discussion:
@google_comms, @scottnover, @b_fung, @google_comms, Mediaite, @google_comms, @mmasnick, Breitbart, The Verge, @rpetty, Fox News, @mmasnick, @mmasnick, @rossbarkan, @nicktheandersen, @samantar, @thedextriarchy, @tonyromm, @joshsternberg, @joshsternberg, @socflyny, @onaircoop, @waynedupreeshow, @aghamilton29, Vanity Fair, New York Post, Breitbart and TechCrunch, more at Techmeme »
Callum Borchers / WBUR:
Boston NPR affiliate WBUR, one of the largest in public radio, to lay off 29 people, or 10%+ of its staff, to help reduce its operating budget by ~13%, to ~$40M — WBUR will lay off more than 10% of the station's staff, including several newsroom leaders, and stop producing …
Discussion:
Media Nation, @wbur, @jeremyhobson, The Boston Globe, @nprwest, @timmybicicleta, @edougbanks, @shirleyshirlw, @nprmelissablock, @sdkstl and Dan Kennedy
Ingrid Lunden / TechCrunch:
SiriusXM will acquire podcast management platform Simplecast, with plans to integrate the company with its digital audio ads subsidiary AdsWizz — Podcasting continues to see a strong trajectory in the world of streamed audio content, and today comes the latest development on that front.
Discussion:
PR Newswire, RAIN News, @thekenyeung and @sarafischer
CNN:
Sources: Michael Pack, the new CEO of the US Agency for Global Media, has yet to show up for his job, after being confirmed by the Senate in early June — New York (CNN Business)The new chief executive of the US Agency for Global Media (USAGM) has yet to show up for his job, sources tell CNN …
Discussion:
@jmhansler, @waltshaub, @lucian_kim, @jmhansler, Columbia Journalism Review, @waltshaub, @brianstelter, The Week, @brianstelter, @julianborger, @vivian and @brianstelter
Washington Post:
A deep look at the toxic relationship between Pittsburgh Post-Gazette journalists and its publisher, whose family has owned the paper for nearly a century — Before last year, Keith C. Burris was mostly known to reporters at the Pittsburgh Post-Gazette as the author of the most controversial opinion piece …
Tomi Kilgore / MarketWatch:
Sinclair says it will launch a headline news service in early 2021 focusing on commentary-free content provided by its network of local broadcast stations — Referenced Symbols — Sinclair Broadcast Group Inc. SBGI, -3.45% said Wednesday it will be hiring 25 new positions …
Discussion:
PR Newswire and @brianstelter
The Philadelphia Inquirer:
Philadelphia Magazine editor Tom McGrath to step down at the end of the summer, says the pub needs to hire a replacement who isn't “a middle-aged white guy” — Philadelphia Magazine editor Tom McGrath will step down at the end of the summer, telling his staff the publication needs …
Discussion:
@fabiolacineas, @mrernestowens, @williams_paige, @emarvelous and Philadelphia Magazine
The Information:
Sources: TikTok expects its US revenue to hit $500M this year; in 2019, TikTok brought in about $200M to $300M in worldwide revenue — TikTok has taken off like a rocket ship in the U.S. and around the world, creating a new mobile video experience that has left YouTube and Facebook scrambling to keep up.
Discussion:
@alexeheath, @amir, @annaknicolaou, @scottporch and @digitalshields
Melynda Fuller / MediaPost:
Politico says free subscribers to some newsletters will shift to weekly rather than daily emails starting on July 13 — Subscribers to Politico's newsletters will soon receive a weekly version rather than daily if they aren't Politico Pro members. — The publisher announced this week …
Discussion:
@beejoli
Luke Guillory / Ad Age:
GroupM: in 2020, print ad spend to drop 26%, digital advertising 3%, TV advertising 7%; SVOD like Hulu and Roku to grow 15% in 2021 — Sustained advertising by marketers is helping to cushion the pandemic's impact — Although the COVID-19 pandemic has triggered the worst economic decline since …
Discussion:
MediaPost and Multichannel News
Georg Szalai / Hollywood Reporter:
Ad-supported streaming news provider Haystack says it has added more than 2M users this year, rebrands its curated service from Haystack TV to Haystack News — “Just this year alone we have acquired between 2 million and 3 million users," CEO Daniel Barreto tells THR.
Discussion:
The Streamable and @thr
Laura Hazard Owen / Nieman Lab:
Reuters digital news report based on surveys of 80K+ people in 40 countries: more people are paying for news, many prefer sources with “no point of view”, more — The percentage of people paying for news online continues to increase — and people may even pay for more than one subscription.
Discussion:
BBC, @harrytuckerr, What's New in Publishing, @bbcnews, @bbcnews, @bbcnews, Cuvit, @tysonbrody, @matthewkeyslive, @them_l_g, What's New in Publishing, @parkermolloy, @davidmdrucker, @benyt, @benyt, @jeffjarvis, @yarasilva1, @trengriffin, @roger_sent, MediaPost, @trengriffin, Reuters, independent and The Irish News
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